DislikedHi Dan
Thanks for v interesting approach. How do you normally get to B/E? I am trying to move stop to B/E after reaching 1st TP, Take a third, then second third at 2nd TP, and then trail the rest. Currently just letting EU/AUD run - s'pose it will stop one day! hope that makes sense.
Thanks
JIgnored
I was doing it where the first trouble area, S/L goes to B/E, but sometimes that halted my trade right there. I have been finding that unless price rockets off in your favor, you will get a lot of B/E trades. This isn't a bad thing, but I think sometimes I feel if I manually trail based on something that I cannot control, it turns out better (in other words, it's not my brain stopping the trade out, it's the system - - this is a good thing)
also note, that if your price is hitting profit-taking targets, but your stop isn't yet at B/E, that's ok too! You can still scale out with the S/L still worse than B/E with this technique. I think it has potential to be a good method... We'll see in a little while here
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